Results 1 to 3 of 3

Math Help - Using Simplex Algorithm

  1. #1
    Newbie
    Joined
    Mar 2013
    From
    Australia
    Posts
    5

    Using Simplex Algorithm

    A toy shop sells watercolour sets made up from different components. The Hunior set has 3 brushes and 6 colour tablets with a pack of 20 sheets of art paper, the Senior set has 5 brushes and 15 colour tablets with a pack of 20 sheets of art paper, while the Deluxe set has 8 brushes, 20 colour tablets and 30 sheets of art paper.The shop presently has 250 brushes, 600 colour tablets and 1400 sheets of art paper in stock.It makes profits of $5, $10 and $12 on the Junior, Senior and Deluxe sets respectively.

    a) use the simplex algorithm to find out how many of each set the shop should make up to obtain maximum profit while coherently, concisely and logically justifying your procedures and decisions.
    b) while getting the material out, a staff member finds another 100 brushes and 200 colour tablets in the stock room. Investigate and evaluate the change in maximum profit and identify any assumptions and their associated effects for the mathematical model. Refine your model in relation to the parameters of your results and analyse the results of your BFS to incorporate any associated effects of your refined model on the profit function.
    Follow Math Help Forum on Facebook and Google+

  2. #2
    Member
    Joined
    Mar 2013
    From
    BC, Canada
    Posts
    95
    Thanks
    15

    Re: Using Simplex Algorithm

    So, what are you hoping by posting a question with no clarification on your attempts or problems? For us to do the entire question for you?
    Follow Math Help Forum on Facebook and Google+

  3. #3
    Member
    Joined
    Apr 2012
    From
    Erewhon
    Posts
    178
    Thanks
    119

    Re: Using Simplex Algorithm

    Quote Originally Posted by tedwa64 View Post
    A toy shop sells watercolour sets made up from different components. The Hunior set has 3 brushes and 6 colour tablets with a pack of 20 sheets of art paper, the Senior set has 5 brushes and 15 colour tablets with a pack of 20 sheets of art paper, while the Deluxe set has 8 brushes, 20 colour tablets and 30 sheets of art paper.The shop presently has 250 brushes, 600 colour tablets and 1400 sheets of art paper in stock.It makes profits of $5, $10 and $12 on the Junior, Senior and Deluxe sets respectively.

    a) use the simplex algorithm to find out how many of each set the shop should make up to obtain maximum profit while coherently, concisely and logically justifying your procedures and decisions.
    b) while getting the material out, a staff member finds another 100 brushes and 200 colour tablets in the stock room. Investigate and evaluate the change in maximum profit and identify any assumptions and their associated effects for the mathematical model. Refine your model in relation to the parameters of your results and analyse the results of your BFS to incorporate any associated effects of your refined model on the profit function.
    You start by identifying the variables and formulating the constraints and the objective in the problem statement.

    So what are they?

    .
    Follow Math Help Forum on Facebook and Google+

Similar Math Help Forum Discussions

  1. Simplex algorithm : can't do it !
    Posted in the Math Topics Forum
    Replies: 0
    Last Post: November 5th 2012, 01:34 PM
  2. Simplex Algorithm help
    Posted in the Advanced Algebra Forum
    Replies: 0
    Last Post: December 5th 2010, 05:01 PM
  3. simplex algorithm
    Posted in the Advanced Applied Math Forum
    Replies: 1
    Last Post: July 23rd 2008, 04:57 PM
  4. Simplex Algorithm
    Posted in the Discrete Math Forum
    Replies: 1
    Last Post: June 3rd 2008, 11:40 AM

Search Tags


/mathhelpforum @mathhelpforum